Rupaya coin is from Pakistan, they have done fraud two times, they closed in 2014, and they premined 1% but mined all of the 80% coins before coming on exchange, ( look at their block explorer and exchange history) and check Rupaya coin block explorer, last block was generated in August . Rupaya coin is again dead. Rupee team has no knowledge of their closed project in 2014.Rupee team has both Indian and Pakistani working as a team, and we will deliver to our investors
So the coin had based on the current supply a 95% premine?
The coins are going to a lot of different addresses which isn't normal to the exchange behavior. It's almost to try and hide what's going on.
Could you answer why block 1 of the Rupee coin has a block reward of 21m coins?
Where have all these coins gone? What were they for?
Premine by original founder, and creator, he sold that mostly at a very cheap rate on coin exchange for development services, you can check trading graph at coin exchange. We have details of the exchange transactions, and will provide that only to Bittrex and other exchanges while applying for listing.
Before Bittrex, we have plan for another exchange, to stabilize our price, and bring volume.
The coins are going to a lot of different addresses which isn't normal to the exchange behavior. It's almost to try and hide what's going on.
Nonetheless the variable blocktime makes this an unusable coin aside from the huge red flag of the block one activity.